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20121205
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ABC
Dec 10, 2012 5:30pm PST
are calling it the gas crash. late this afternoon, this is what the department of energy said. the average price of a gallon of gasoline has dropped 50 cents, in just two months. today, the average is $3.35 and it could drop even more before new years. abc's sharyn alfonsi is here to tell us how much and why. >> reporter: it's the type of crash motorists love. gas prices plummeting. in boston, $3.59. atlanta, $3.79. salt lake, $3.40, and l.a., $3.68. the trip home for the holidays just got a lot cheaper. >> i'm thrilled! i mean, i have to buy gas no matter what, so, the fact that it costs a little bit less is great. especially with christmas and everything coming up. >> reporter: prices began rebounding after the refinery problems were fixed. add to that, demand for gasoline down for winter. analyst now think gas prices could fall even further before new years eve. >> by christmas, we should have prices between $3.20 per gallon and $3.40 per gallon. >> reporter: the good news comes on the heels of a game-changing headline from the internal energy agency. they predict the u.s. will be energ
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